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In political science, the term class conflict or class struggle refers to the economic antagonism and political tension that exist among social classes because of clashing interests, competition for limited resources, and inequalities of power in the socioeconomic hierarchy. [1]
100 quintillion (10 20) pengő, the largest denomination bill ever issued, Hungary, 1946. 1 sextillion pengő notes were printed, but never issued. Hyperinflation in Venezuela represented by the time it would take for money to lose 90% of its value (301-day rolling average, inverted logarithmic scale)
The Poso riots (Indonesian: Kerusuhan Poso), also known as Poso communal conflict (Indonesian: Konflik Komunal Poso), is a name given to a series of riots that occurred in Poso, Central Sulawesi, Indonesia. This incident involved a group of Muslims and Christians in the region and was divided into three stages. The first Poso riot took place ...
Basic idea of agency theory. The principal–agent problem refers to the conflict in interests and priorities that arises when one person or entity (the "agent") takes actions on behalf of another person or entity (the "principal"). [1]